Press release
Medicinal Mushroom Market - Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the global medicinal mushroom market to be growing at a CAGR of 9.85% in the forecast period of 2022-2029.Medicinal mushrooms are tiny fungi that are used for their medicinal benefits. Vitamin B, vitamin D, amino acids, calcium, potassium, and fibre are all abundant in medicinal mushrooms. These nutrients are essential for increasing antioxidant activity and lowering free radical levels in the body. They're employed in a variety of extraction procedures, including as powder, capsules, fluids, and others.
The market for medicinal mushrooms is expanding due to the rising prevalence of health problems across the world. With the emergence of medicinal mushrooms, the market growth is driven by an increased desire for functional foods among the majority of health-conscious consumers. Another significant factor flourishing the market growth rate include the high utilization of medicinal mushrooms in the treatment of common cold, inflammation, seasonal allergies, bronchitis and asthma. Furthermore, advent of private-labelled brands and the rise in the number of applications in various end-use industries such as cosmetics, healthcare and food and beverages are the major drivers that will cushion the market's growth rate.
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